Acoustic Insulation Market – Global Forecast to 2026

When it comes to creating a productive business or ensuring that your home is soundproof, acoustic insulation is undeniably crucial. However, in many cases, we overlook the scale of the acoustic insulation market – which is why, today, we’re looking at the sheer size of the global acoustic insulation market, why it’s growing so rapidly, and what this means for the industry overall.

What is the Acoustic Insulation Market?

Before we go any further, it’s first important to clarify the global acoustic insulation market. The global acoustic insulation market provides specialist “soundproofing” insulating materials. Similarly to traditional insulation, which helps prevent the loss of heat from a property or item, acoustic insulation helps contain or block out loud sounds and noises.

As such, it helps prevent the movement of airborne sounds. These can come from many different sources. For example, acoustic insulation may be used to prevent the spread of sound between walls and the like; alternatively, it can also often be common for loud machinery and the like to help prevent sound disruption to those around the equipment. Moreover, in many busy locations (such as in city buildings), acoustic insulation may be used to help quash the sound of traffic from outside (especially during busy times of day).

While many businesses have suffered from the Covid-19 pandemic, it generally seems safe to say that the acoustic insulation field has benefited from it. With more people than ever staying at home for longer periods, the importance of ensuring a quiet, comfortable home environment became even more integral. Fortunately, this is what noise-cancelling equipment and materials can help provide. Furthermore, soundproofing materials have also increased in demand for their ability to help prevent headphones from releasing noise into the immediate environment, making business conversations and the like more private accordingly.

What Products Does the Acoustic Insulation Market Provide?

The acoustic insulation market provides a wide range of products, but these all share the same common goal: to help reduce the leakage and spread of noise. A growing awareness of noise pollution may largely be behind the demand for these products; furthermore, people are becoming more aware of the potential benefits and opportunities of noise-cancelling and dampening equipment and products. This may have substantially increased the overall level of demand and appeal for such equipment accordingly.

Some of the most common types of products used in the global acoustic insulation market include stone wool, glass wool, and plastic foam, to name a few. Other materials that are capable of reducing airborne noises include MDF Fiberboard, plasterboard, vinyl materials, polymer membranes, and gypsum board.

Perhaps one of the most common materials often used for creating acoustic insulation is plastic foam, as this offers excellent noise-cancelling properties while also being excellent for affordability and practicality. However, other materials may also provide a valuable solution for reducing noise pollution and the like in a property. The optimal choice of material will, of course, vary from application to application. The availability of materials may also influence the optimal choice of material for a particular project.

How Has the Global Acoustic Insulation Market Grown?

The global acoustic market has grown substantially in recent years. This is in line with the release of new noise-controlling equipment that is more effective than previous iterations. Furthermore, since a growing number of people are becoming aware of acoustic insulation and its benefits, it’s well worth considering that this may also be driving change in the industry.

The global acoustic insulation market is growing at an impressive rate; as such, it’s easy to see why more and more brands are getting involved. For example, the current growth rate is likely to be around 5% or higher as compound annual growth; as such, this demonstrates the rapid growth of the industry overall and clearly highlights how consumers are increasingly turning to acoustic insulation to help cancel out loud, disruptive, or otherwise non-private noises.

Overall, the value of the current global acoustic insulation market is around 12 billion USD, based on figures from 2020 . Of this, a significant proportion comes from the building industry, which accounts for around one-third of the total value of acoustic insulation, equating to just over 4 billion in value .

Altogether, this represents a significant growth rate for the global acoustic insulation market; in fact, between 2015 and 2020, the scale of the global acoustic insulation market grow from around $9.9 billion USD to $12 billion , indicating a total growth rate of almost 20% over that period. Meanwhile, the exact value of the global acoustic insulation market for the current moment is somewhat unclear, with estimates of around 14 billion USD for 2021/2022 being given .

What is the Global Acoustic Insulation Market Likely to Look Like by 2026?

Considering the current rapid growth of the global acoustic insulation market and the increasing awareness of acoustic insulation and the dangers of noise pollution, it is likely that the market will continue growing. Therefore, while it is impossible to accurately predict the final size of the global acoustic insulation market, this value is likely to reach around $20 billion or more by 2030 and potentially around $16 billion by 2026. Of course, this will inevitably depend on factors such as increasing demand and the development of new materials; therefore, it is also possible that this could become even greater if the level of emphasis placed on reducing noise pollution continues to grow.

Final Thoughts

If you’ve ever wondered about the size and scale of the global acoustic insulation market, we hope today’s guide may have shed a little light. Considering this thought, it’s well worth considering the global acoustic insulation market’s potential opportunities. For buyers, new technologies are helping ensure that global acoustic insulation is more readily available and effective than ever before. Meanwhile, for brands, the rise of global acoustic insulation is providing excellent new opportunities for diversification into new niches overall, offering opportunities to increase sales and profit margins as a result. For further questions, please do not hesitate to contact us at dayin@dayinacoustics.com.

References:

https://www.alliedmarketresearch.com/acoustic-insulation-market

https://www.grandviewresearch.com/industry-analysis/building-acoustic-insulation-market-report

https://www.designingbuildings.co.uk/wiki/Acoustic_insulation_market

https://www.futuremarketinsights.com/reports/acoustic-insulation-market

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